Abstract: As will be discussed in greater detail herein, a short-term housing rental management system and method provides tools for housing property managers, owners, renters, and others to better facilitate processes involved with offering and renting housing on a short-term basis. The system adds a more dynamic nature to pricing to be adaptive to changing conditions regarding such factors as timing and demand for particular short-term rental properties. Among other things, the system uses yield management to establish proper margins in rental pricing to increase returns from a rental event while seeking to increase occupancies. The system allows for short-term housing inventory to be offered simultaneously under more than one approach. For instance, the system could offer the short-term housing opportunity for a no commission approach, a merchant approach, and an agent approach.
Type:
Application
Filed:
August 3, 2010
Publication date:
December 22, 2011
Applicant:
Escapia, Inc.
Inventors:
William Barry Furlong, Evan Howd Gull, Steven Douglas Murch, Mengtong Yang
Abstract: As will be discussed in greater detail herein, a short-term housing rental management system and method provides tools for housing property managers, owners, renters, and others to better facilitate processes involved with offering and renting housing on a short-term basis. The system adds a more dynamic nature to pricing to be adaptive to changing conditions regarding such factors as timing and demand for particular short-term rental properties. Among other things, the system uses yield management to establish proper margins in rental pricing to increase returns from a rental event while seeking to increase occupancies. The system allows for short-term housing inventory to be offered simultaneously under more than one approach. For instance, the system could offer the short-term housing opportunity for a no commission approach, a merchant approach, and an agent approach.
Type:
Application
Filed:
November 23, 2007
Publication date:
October 23, 2008
Applicant:
ESCAPIA, INC.
Inventors:
William Barry Furlong, Evan Howd Gull, Steven Douglas Murch, Mengtong Yang